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CITI SOUNDS ALARM: WORLD ECONOMY IN DEATH SPIRAL

BLS: 665000 job LOSSES

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#1 Rogerdodger

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Posted 05 February 2016 - 12:24 PM

Confusion, Delusion, Mis-Information or all three?

CITI SOUNDS ALARM: WORLD ECONOMY IN DEATH SPIRAL

 

The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned.

Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.

"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.

"Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market."

 

What jobs? BLS says 665,000 job LOSSES

New Bureau of Labor Statistics shows that there were 665,000 jobs lost in January, a blunt finding that confuses the heralded report that 151,000 jobs were created in January in non-farm payrolls.

But who got them? The very same BLS finds that jobs to "native born" and immigrant workers dropped. Ditto for men and women.

It is possible that many employees took on a second job, according to analysts. But a difference of 816,000 is too big, one said.

Same for the differences in the two surveys the BLS uses to gauge jobs, household data from the Current Population Survey, and "Establishment" data from the Current Employment Statistics, a survey of businesses. Normally they track but not always.

 

Analysts note that there are several ways to count jobs created and lost but the losses shown among men and women, foreign born and immigrants, is significant, said a congressional expert, who told Secrets, "Maybe big thing this month is just the decline in number of native born workers drops over half million in a month?"

 

 

 



#2 dougie

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Posted 05 February 2016 - 12:38 PM

Pressure building by intent on the feds

#3 gannman

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Posted 05 February 2016 - 12:45 PM

We are never going to get out of this until we have a flush and things get so bad people get mad enough to we'll you figure it out .we live in a make believe world fueled by corruption greed and apathy. It's all make believe the emperor has no clothes
feeling mellow with the yellow metal


#4 SemiBizz

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Posted 05 February 2016 - 01:19 PM

Some dude was just on Bloomberg TV talking about $15 crude...

 

rofl.gif rofl.gif


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Volume is the only vote that matters... the ultimate sentiment poll.

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#5 risk_management

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Posted 05 February 2016 - 01:22 PM

Some dude was just on Bloomberg TV talking about $15 crude...

 

rofl.gif rofl.gif

 

Do you have any targets or waypoints for it? TIA



#6 SemiBizz

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Posted 05 February 2016 - 01:30 PM

 

Some dude was just on Bloomberg TV talking about $15 crude...

 

rofl.gif rofl.gif

 

Do you have any targets or waypoints for it? TIA

 

 

I was thinking $30 would come, sort of no surprise they took it lower.

 

I will have to study this weekend.

 

I have a short term target in low 28s and a short term upside of 34.99


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#7 viccarter

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Posted 05 February 2016 - 01:52 PM

Some dude was just on Bloomberg TV talking about $15 crude...

 

rofl.gif rofl.gif

Everytime that happens, it is a buy signal.



#8 EntropyModel

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Posted 05 February 2016 - 01:52 PM

We are never going to get out of this until we have a flush and things get so bad people get mad enough to we'll you figure it out .we live in a make believe world fueled by corruption greed and apathy. It's all make believe the emperor has no clothes

 

 

Which is precisely why we have a 'fake reality', and why it will NOT change for now.

 

The PTB ( powers that be) figured out a long time ago that if they want to keep power and not be questioned they must avoid depressions, because that is when mass of people turn on them.

Thus PTB will do literally anything to avoid it.

 

Of course, each short term 'fix' to avoid a depression, causes potential for bigger depression,..and bigger short term fixes in a spiral on 'too big too fail' terror.

 

At some point even those fixes fail and you need to manipulate mass psychology into a 'everything is OK, please go spend' mentality'.

 

Occasionally all the fixes can't stop some leakage, so a 'crises' occurs to let some air out, but no crises goes to waste, look who has got more power during these crises? who benefited? well duh as they say :-)

Fixes always = transfer of wealth, power, status to the PTB no  positive change to underlying economy for long term.

 

Rest assured we won't get a depression or an end to 'fake reality', unless we have reached the end game and no more fixes are possible - in which case the time honored tradition

of PTB is to create a global war to distract, blame, and wipe out supply side so we can rebuild - because, there is zero chance they will give up power and adopt a different sustainable, equitable system,

they are terrified of me, you and 'the masses', we must be controlled at all costs, and that control is and will continue to increase as their fear increases. They are safe in the knowledge that

so complete is their control and so few are those that understand the system.

 

There is only one positive thing we can do, and that is try to profit, be on right side of the system.


Edited by Entropy2.0, 05 February 2016 - 01:59 PM.

Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#9 alexnewbee

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Posted 05 February 2016 - 02:09 PM

the problem is - not one of these f.ckers from GS, City or wherever else warned us about collapse of 2008. So I am very suspicious of their calls now.. :)


"we do G.d's work" Lloyd Blankfein

#10 MaryAM

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Posted 05 February 2016 - 03:07 PM

All the theater is why I watch the one thing that they can't f****k with - the money multiplier.   M2/monetary base - and it is in full fledge hyper deflation mode and is lower than during the great depression.  Which begs the question - If governments could always produce inflation by printing fiat currency - why doesn't it always work and isn't working now?  The answer - it's who the governments and central banks delegate as "special" - in this case the newly created money used to replace the losses during the implosion of 2008 went to the banks, the investment banks (inflate the stock market), the bond insurers (inflate the bond market) and the FED started buying mortgages (good and bad) left and right and the FED is still buying billions of dollars of mortgages today (the hidden QE).  Rinse and repeat - back to 2008 - there is no risk involved in making a mortgage if it is sold right away - they are just not being sold to investment banks.  NONE of the money made it into the hands of US - because we are not special and don't make big political campaign contributions.  Enter the Wizard of OZ and its theater group - known as Central Banks.   I really hope that Emporess Janet has clothes on when the curtain is pulled back.  I'm getting a visual that she won't - not a pretty picture.  Watch gold and silver de-couple from the dollar and things like real estate will be priced in either dollars or ounces of gold or silver.  Bonds of all kinds will become junk especially municipals and sovereign when markets set interest rates and not central banks.  Interest rates will go exponential but the bonds will be as good as wallpaper.  Reminds me of that famous line from Gone with the Wind - "Pa, what kind of bonds do we have?  Why Confederate bonds Scarlet."